https://www.taxtmi.com/caselaws?id=250545 The court ruled in favor of the appellant, a fertilizer manufacturer, in an appeal against a duty demand confirmation for exempted products. The appellant successfully argued for the availing of CENVAT Credit on duty paid naphtha used in manufacturing, claiming compliance with Rule 6(3) of Cenvat Credit Rules, 2004. The court emphasized the applicability of the Finance Act, 2010, allowing credit reversal with interest and directed the appellant to provide a Chartered Accountant certificate for verification. The judgment highlighted that the Finance Act, 2010, superseded previous judgments, granting benefits to the appellant. en-us Tue, 18 Mar 2014 00:00:00 +0530 Mon, 18 Aug 2014 08:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250545 The court ruled in favor of the appellant, a fertilizer manufacturer, in an appeal against a duty demand confirmation for exempted products. The appellant successfully argued for the availing of CENVAT Credit on duty paid naphtha used in manufacturing, claiming compliance with Rule 6(3) of Cenvat Credit Rules, 2004. The court emphasized the applicability of the Finance Act, 2010, allowing credit reversal with interest and directed the appellant to provide a Chartered Accountant certificate for verification. The judgment highlighted that the Finance Act, 2010, superseded previous judgments, granting benefits to the appellant. Case-Laws Central Excise Tue, 18 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250545